The Roaring Twenties was a great golden age in America, but ironically, led to its greatest downfall.
Lots of new things became popular among all Americans in the 20's; automobiles, radio, silent movies, etc. People were spending money left and right on these things, and were becoming very materialized. So why am I talking about Americans buying boatloads of stuff they didn't need? Well, this was one of the prime causes of the Great Depression. Americans started buying on margin, or buying with credit; buy now, pay later. People bought so much like this, that they had to borrow lots of money from the banks. As this went on, it built up slowly, and led into buying stocks on margin. This eventually led to the Stock Market Crash of 1929. As people ran to the banks to withdraw all their money, the banks failed, and people lost all their savings in the blink of an eye. Manufacturers soon started producing less and laying off workers as jobs became a demand, and ended up causing the intense unemployment rates throughout the country. And finally, farmers suffered as a massive drought hit the Mississippi Valley in 1930, which created the infamous Dust Bowl.
The industry in the North of the USA was developed at first thanks to the development of agriculture in the South of the country. US Industrialization was facilitated by a unique confluence of geographic, social and economic factors. The post-American Revolution remained low relative to its European counterparts and the demand for labor created strong incentives to mechanize labor-intensive tasks. The East Coast of the United States, with a large number of rivers and streams along the Atlantic coast, including many potential sites for the construction of mills and the necessary infrastructure for scientific industrialization and early technology. A wide range of natural and social resources, together with a large supply of work made up of surpluses of rural domestic workers and the massive immigration of European countries allowed for industrialization. The supply of labor was an advantage of American industrialism than of European. After the closure of the American Revolution in 1783, the new government always gives solid property rights and a non-rigid class structure. The idea of issuing patents was brought to North America by the English, French, and Dutch settlers in the seventeenth and eighteenth centuries and adopted in Article I, section 8 of the Constitution of the United States authorizes the Congress "for promote the advancement of science and useful arts, ensuring for a limited time the authors and inventors the exclusive right over their respective writings and discoveries.These changes, together with the new techniques and requirements demanded by changing social norms, led to the introduction of new manufacturing techniques in colonial America that preceded the industrial and modern revolution.
Answer: Zheng He
Explanation:
Zheng He was a Chinese explorer who lead seven great voyages on behalf of the Chinese emperor. These voyages traveled through the South China Sea, Indian Ocean, Arabian Sea, Red Sea, and along the east coast of Africa. His seven total voyages were diplomatic, military, and trading ventures, and lasted from 1405 – 1433. However, most historians agree their main purpose was to promote the glory of Ming dynasty China.1